XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Sep. 30, 2020
Current Assets:    
Cash $ 3,509 $ 3,349
Accounts receivable, net of allowance for doubtful accounts 24,310 20,245
Inventory, net 3,689 3,666
Prepaid expenses and other assets 446 433
Total current assets 31,954 27,693
Property and Equipment, net 4,965 4,977
Other Assets:    
Intangible assets, net 14,750 13,333
Goodwill 15,955 14,146
Operating lease right of use asset 2,456 2,621
Security deposits and other long-term assets 301 265
Total other assets 33,462 30,365
Total assets 70,381 63,035
Current Liabilities:    
Line of credit 11,561 8,447
Accounts payable - trade 22,772 20,769
Accrued expenses and other current liabilities 3,241 3,007
Dividends payable 2,030 1,661
Current portion of Paycheck Protection Program (PPP) loan 1,068 1,913
Current portion of deferred acquisition payments 176 178
Current portion of subordinated promissory note-related party 1,145 504
Current portion of long-term debt 866 866
Current portion of operating lease liabilities 809 720
Total current liabilities 43,668 38,065
Other Liabilities:    
Long-term debt 5,947 6,432
Long-term portion of Paycheck Protection Program (PPP) loan 1,683 960
Subordinated promissory notes-related party 934 39
Long-term portion of deferred acquisition payments 374 372
Mandatorily redeemable non-controlling interest 690 604
Deferred income taxes 1,822 1,569
Long-term operating lease liabilities 1,671 1,924
Other liabilities 385 388
Total other liabilities 13,506 12,288
Total liabilities 57,174 50,353
Stockholders' Equity:    
Common stock, $0.001 par value; 4,500,000 shares authorized, 921,154 issued and 901,154 outstanding as of March 31, 2021 and 918,652 issued and 898,652 outstanding as of September 30, 2020 1 1
Paid-in capital 14,278 14,604
Treasury stock, at cost, 20,000 shares (240) (240)
Accumulated deficit (832) (1,683)
Total stockholders' equity 13,207 12,682
Total liabilities and stockholders' equity 70,381 63,035
Series B [Member]    
Stockholders' Equity:    
Preferred stock 0 0
Series C [Member]    
Current Liabilities:    
Dividends payable 2,030 1,661
Stockholders' Equity:    
Preferred stock $ 0 $ 0